Rep. Spencer Bachus is pushing to cap the pay of consultants hired by the Community Development Financial Institutions Fund.

The Alabama Republican is expected this week to ask the Treasury Department, which oversees the fund, to restrict these salaries to $100,000 or less.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.